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I'm headed to an MBA program (UNC or Emory) in the Fall to transition from consulting into investment banking. I currently live in the Southeast, and I'd like to stay here, so I've been considering Charlotte as a place to start out post-MBA. I have heard that Wells Fargo and BoA have big presences there.

Assuming that I'm well qualified, would it be difficult to find a job specifically in Charlotte?

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Comments (12)

  • Nefarious-'s picture

    The key to Charlotte is to look for the true MM or boutique firms like BlackArch partners and Edgeview.

    You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

  • barf's picture

    I think BofA IBD is completely gone from Charlotte now. They had a great lev fin group that held out for a while but I think they've been moved up to NYC as well; correct me if I'm wrong though. Wells or the above boutiques (with McColl added as well) are the best bets.

  • In reply to Nefarious-
    OMS's picture

    Nefarious-:
    The key to Charlotte is to look for the true MM or boutique firms like BlackArch partners and Edgeview.

    this. MM space s exploding there. Not too much BB banking like above poster mentioned, BAML is mostly lev fin. Wells Fargo still pitches against a lot of MM mandates, but still a great place to be. I would like into places like Jefferies, Sagent, McColl, Edgeview and RWBaird, all in Charlotte. Great deal flow and nice/helpful people.

  • FratStreetVA's picture

    With a consulting background and an MBA from either one of those schools, assuming you network well and get the necessary grades, you will walk into Charlotte. There are a ton of MM firms in Charlotte that have a great rep and Wells is huge there (and growing). On the other hand, BAML is now mostly in NYC in terms of IBD.

    I'd strongly consider approaching Wells. They are becoming a big name in IBD these days.

    Flying Higher and Higher

  • Cries's picture

    Dont forget, Lazard and SunTrust are pretty busy in charlotte as well.

  • novian18's picture

    For what it's worth, among all of Wells Fargo's IBD offices (NYC, Charlotte, SF), their incoming associate class comes from the following schools:

    Internal Promote: 7
    Chicago-Booth: 6
    Georgetown: 5
    Columbia: 3
    Duke: 3
    UNC: 3
    Michigan-Ross: 2
    Berkeley: 1
    Darden: 1
    HBS: 1
    Southern Methodist: 1
    Tepper: 1
    Tuck: 1
    UCLA: 1
    USC-Marshall: 1
    Wharton: 1

  • to_IBornot_toB's picture

    Both are great schools that pop up a lot at MMs in Charlotte. A big factor at those shops are going to be embracing the down south culture. The boutiques have MD's from various backgrounds but many are from BHC and have NYC mindsets.

  • In reply to novian18
    cphbravo96's picture

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